Energy Services of America CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Energy Services of America CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	155	140	135	175	119	122	198	304	352	411
Cost of revenue	141	133	124	162	106	110	175	267	302	372
Gross profit	14.2	7.78	11.6	12.7	13.5	12.9	22.4	36.8	50	38.8
Selling, general and administrative	7.29	7.4	7.73	8.86	9.83	14	15.9	23.8	30.1	34.6
Operating income	6.9	0.38	3.92	3.82	3.67	-1.12	6.49	13	19.8	4.22
Interest expense	0.88	0.83	0.92	1.06	0.49	0.7	0.99	2.41	2.19	3.21
Interest income			0.13	0.06	0.05	0.29	0	0
Other non-operating income	-0.77	-0.85	-0.5	-0.86	-0.09	0.21	-0.48	-2.66	13.7	-3.35
Pre-tax income	6.14	-0.47	3.42	2.96	3.58	-0.92	6.01	10.4	33.5	0.86
Income tax	2.9	-0.08	0.91	0.97	1.14	-0.03	2.26	2.98	8.42	0.49
Income from continuing operations	2.93	-0.7	2.2	1.68	2.12	-1.17	3.75
Net income	3.24	-0.39	2.51	1.68	2.12	-1.17	3.75
EBITDA	9.41	3.62	8.13	7.98	8.07	3.54	12.1	20.4	28.4	16.2
EPS, basic	0.21	-0.05	0.16	0.12	0.15	-0.09	0.23	0.44	1.52	0.02
EPS, diluted	0.17	-0.05	0.13	0.10	0.12	-0.07	0.23	0.44	1.51	0.02
Shares, basic (weighted)	14.2	14.2	14.2	14.1	13.8	13.6	16.3	16.6	16.6	16.6
Shares, diluted (weighted)	17.7	14.2	17.7	17.5	17.2	17	16.3	16.7	16.6	16.7
Dividend per share		0.05			0.05			0.05

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	3.82	1.68	1.07	4.58	11.2	8.23	7.43	16.4	12.9	12.2
Receivables	24.1	23.1	22.1	21.6	18.2	21	38.5	51.2	56.1	76
Other current assets	2.49	4.04	4.12	2.73	3.34	3.54	3.95	3.52	4.09	5.03
Total current assets	42.1	38	37.9	39.1	41.8	43	70.4	95.2	110	145
Property, plant and equipment	12.7	19.2	16.8	16.8	16.4	23	32.7	36.5	38.1	53.5
Lease right-of-use assets							1.61	3.33	2.53	2.05
Goodwill						1.81	4.09	4.09	4.09	9.87
Intangible assets						2.43	3.87	3.38	3.07	4.9
Total assets	56.4	57.3	54.7	55.9	58.2	70.2	113	143	158	215
Accounts payable	5.01	5.52	6.2	2.92	5.22	7.29	20.3	22	23.7	30.7
Accrued liabilities			4.3	3.51	4.24	5.6	11.3	13.1	13.9	15.9
Deferred revenue			3.26	3.46	4.85	3.15	6.03	17.7	17	28.3
Short-term debt	2.87	4.56	9.29	8.43	4.54	18.4	27.2	26	16.7	21.9
Total current liabilities	24.6	26	23.6	18.3	18.9	34.5	65.4	79.9	74.2	98
Long-term debt	7.39	9.7	6.47	11	11.2	9.02	13.5	18.9	17.2	50.3
Lease liabilities							1.02	2.27	1.63	0.98
Total liabilities	33.9	36.2	31.4	31.3	32.3	45.5	84.4	108	99.6	156
Total debt	16.5	23.7	15.8	19.5	15.8	27.4	40.7	44.8	33.9	72.2
Paid-in capital	61.3	61.3	61.2	60.9	60.7	60.7	60.5	60.3	60.3	62.5
Retained earnings	-38.8	-40.2	-38	-36.3	-34.8	-36	-32.3	-25.7	-1.59	-3.22
Treasury stock	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Shareholders' equity	22.5	21.1	23.3	24.7	25.8	24.7	28.2	34.6	58.7	59.2
Total equity	22.5	21.1	23.3	24.7	25.8	24.7	28.2	34.6	58.7	59.2
Total liabilities and equity	56.4	57.3	54.7	55.9	58.2	70.2	113	143	158	215
Shares outstanding	14.2	14.2	14.2	13.9	13.6	13.6	16.7	16.6	16.6	16.7

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	3.24	-0.39	2.51	1.68	2.12	-1.17	3.75
Depreciation and amortization	2.5	3.24	4.21	4.16	4.4	4.66	5.57	7.32	8.54	12
Stock-based compensation	0	0	0	0
Deferred income tax	1.47	-0.08	-0.14	0.6	0.33	0.21	2.42	2.42	-0.38	0.26
Change in receivables			0.89	0.54	3.43	-2.85	-17.4	-12.7	-5.58	-14.7
Change in payables	1.25	0.52	0.68	-3.29	2.3	2.06	13	1.71	1.65	3.58
Cash from operations	6.78	1.18	9.06	4.33	15	0.8	8.28	21.1	18.7	4.14
Capital expenditures	-3.41	-2.79	-1.88	-3.36	-3.53	-6.05	-5.31	-10.8	-8.76	-6.35
Acquisitions									-0.3
Cash from investing	-2.99	-2.51	-1.34	-2.74	-2.77	-8.69	-8.28	-10.2	-8	-29.4
Debt issued					13.1	0	0	3.1		16
Debt repaid	-2.5	-3.01	-4.61	-5.43	-13.9	-2.82	-4.28	-5.19	-3.49	-9.3
Share buybacks			-0.05	-0.3	-0.27	0	0	-0.22	-0.04	-0.84
Dividends paid	-0.7	-0.7			-0.7	0	0	-0.83	-0.99	-1.5
Cash from financing	-1.48	-0.82	-8.34	1.92	-5.58	4.9	-0.81	-1.89	-14.2	24.6
Net change in cash	2.32	-2.15	-0.61	3.51	6.64	-2.99	-0.8	9	-3.51	-0.68
Free cash flow	3.38	-1.61	7.18	0.96	11.5	-5.25	2.98	10.2	9.92	-2.22
Interest paid	0.88	0.83	0.92	1.06	0.49	0.56	0.85	2.3	2.07	2.96
Income taxes paid	0.31	1.58	0.35	0.8	0.79	0.25	0.05	0.03	7.01	2.77

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $11.12 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	11.8%	Gross profit / revenue.
Operating margin	3.9%	Operating income / revenue.
EBITDA margin	6.7%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	3.1%	Pre-tax income / revenue.
FCF margin	1.2%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	2.2%	Cash from operations / revenue.
Effective tax rate	28.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on invested capital (ROIC)	11.3%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	7.9%	Selling, general and administrative expense / revenue.
Capex / revenue	1.0%	Capital expenditures / revenue.
D&A / revenue	2.9%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	16.8%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	27.7%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	28.1%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	-22.4%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	20.1%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	23.5%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-78.7%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-13.4%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	2.8%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	-43.0%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	10.3%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	14.9%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-98.7%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-55.7%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	-30.5%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-77.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-20.7%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-22.7%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-122.3%	Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	0.9%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	28.0%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	18.1%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	36.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	24.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	29.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.5%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	0.7%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-0.6%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.50x	Current assets / current liabilities.
Quick ratio	0.80x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.15x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.54x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	20.6%	Total debt / total assets.
Liabilities / assets	61.7%	Total liabilities / total assets.
Net debt	$30.7M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	0.97x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	5.71x	Operating income / interest expense.
Working capital	$50.1M	Current assets - current liabilities.
Goodwill and intangibles / assets	6.3%	(Goodwill + intangible assets) / total assets.
Tangible book value	$70.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	2.13x	Revenue / average total assets.
Fixed asset turnover	8.83x	Revenue / average property, plant and equipment.
Receivables turnover	7.23x	Revenue / average receivables.
Days sales outstanding	50 days	365 x average receivables / revenue.
Days payables	27 days	365 x average accounts payable / cost of revenue.
Capex / operating cash flow	47.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
Revenue per share	$25.05	Revenue / diluted weighted shares.
FCF per share	$0.29	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.55	Cash from operations / diluted weighted shares.
Book value per share	$4.51	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$3.78	Tangible book value / shares outstanding.
Cash per share	$0.79	(Cash + short-term investments) / shares outstanding.
Dividends / FCF	28.9%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	15.7%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$207.5M	Share price x shares outstanding.
Enterprise value	$238.1M	Market cap + total debt - cash - short-term investments.
P/S	0.44x	Market cap / revenue.
P/B	2.47x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	2.95x	Market cap / tangible book value, when positive.
P/FCF	38.4x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	20.2x	Market cap / cash from operations, when positive.
EV/Sales	0.51x	Enterprise value / revenue.
EV/EBIT	13.2x	Enterprise value / operating income, when both are positive.
EV/EBITDA	7.57x	Enterprise value / EBITDA, when both are positive.
EV/FCF	44.1x	Enterprise value / free cash flow, when both are positive.
FCF yield	2.6%	Free cash flow / market cap.
Dividend yield	0.8%	Dividends paid over the period / market cap.
Shareholder yield	1.2%	(Dividends paid + share buybacks) / market cap.

What was Energy Services of America CORP's revenue in fiscal 2025?

Energy Services of America CORP reported revenue of $411.0M for fiscal 2025, 16.8% higher than the year before.

How much free cash flow did Energy Services of America CORP generate in fiscal 2025?

Cash from operations of $4.1M minus capital expenditures of $6.4M left free cash flow of -$2.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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